Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Wednesday, August 5, 2009

cnbc futures

Birtha has been doing the overnight session on cnbc....


and still can't read the differential in the futures.....

seems like she doesn't have the mind for simple Algebra.
X=futures
Y=Fair Value
Z= market Open(+/- One truck)

(+/-X) -(+/-Y)= Z

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